Question
Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 5% -15% Below Average
Stock A has the following returns for various states of the economy: State of the Economy Probability Stock A's Return Recession 5% -15% Below Average 25% -2% Average 40% 9% Above Average 25% 14% Boom 5% 15% Stock A's expected return is:
| 8.35% | ||
| 8.85% | ||
| 7.35% | ||
| 6.60% |
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Lending Investments And The Financial Crisis
Authors: Elena Beccalli, Federica Poli
1st Edition
1349564982, 978-1349564989
